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re: Tigerland 4-plex
Posted on 2/14/17 at 11:03 am to yellowhammer2098
Posted on 2/14/17 at 11:03 am to yellowhammer2098
It is like that, but not that particular one, it is an off market listing, but there is one similar on the MLS I think it is four units, around total 3000 ft.². I think they sell around $60 a square foot. . It's in Tiger land acres, the area behind freds. I just drove back there, and some of the units are well-maintained, and others are not. I saw quite a few students out and about walking around. I live in town, and could fix it myself. I'm just not sure which direction it is going. I'm sure there is growth around LSU, and I guess there will always be a need for cheap units to rent.
1
Posted on 2/14/17 at 11:28 am to Rust Cohle
I at one point was interested in the listing below.
LINK
I think if LSU adopts a pro-growth philosophy similar to that of UA, Tigerland will eventually be ripe for redevelopment (if it isn't already). At some point, the land value for these apartments will be significantly above the improved value due to the low density of the units. Most new apartment developments aren't going to be one bedroom apartments. That is what has happened in Tuscaloosa to an extreme. At some point, I'd expect infill developments to occur closer to campus than Woodlands, Lodges, etc.
ETA: If link doesn't work without an account here's a picture.. 10 unit complex was listed for I think $15k-$20k per unit.
LINK
I think if LSU adopts a pro-growth philosophy similar to that of UA, Tigerland will eventually be ripe for redevelopment (if it isn't already). At some point, the land value for these apartments will be significantly above the improved value due to the low density of the units. Most new apartment developments aren't going to be one bedroom apartments. That is what has happened in Tuscaloosa to an extreme. At some point, I'd expect infill developments to occur closer to campus than Woodlands, Lodges, etc.
ETA: If link doesn't work without an account here's a picture.. 10 unit complex was listed for I think $15k-$20k per unit.
This post was edited on 2/14/17 at 11:31 am
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